Happy City Holdings Limited (NASDAQ:HCHL) Short Interest Up 236.9% in January

Happy City Holdings Limited (NASDAQ:HCHL) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 239,686 shares, a growth of 236.9% from the January 15th total of 71,136 shares. Based on an average daily volume of 2,551,478 shares, the short-interest ratio is presently 0.1 days. Currently, 1.2% of the shares of the stock are sold short. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily volume of 2,551,478 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Happy City in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Happy City Stock Performance

Shares of Happy City stock traded down $0.14 during trading on Wednesday, reaching $1.01. The company’s stock had a trading volume of 41,943 shares, compared to its average volume of 1,456,314. The stock has a 50-day moving average price of $3.36 and a two-hundred day moving average price of $3.36. Happy City has a one year low of $0.80 and a one year high of $7.25.

Institutional Trading of Happy City

A hedge fund recently raised its stake in Happy City stock. Citadel Advisors LLC increased its stake in Happy City Holdings Limited (NASDAQ:HCHL) by 34.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,688 shares of the company’s stock after purchasing an additional 4,838 shares during the period. Citadel Advisors LLC owned 0.10% of Happy City worth $63,000 as of its most recent SEC filing.

About Happy City

Headquartered in Hong Kong, we are a restaurant operator that operates three all-you-can-eat hotpot restaurant through our wholly-owned Operating Subsidiaries in Hong Kong. We have been in the restaurant services industry serving the Hong Kong market for over 5 years, which is a relatively short operating history compared to some of our established competitors. Our restaurants serves all-you-can-eat Thai and Japanese hotpot to our customers under the brand names “Thai Pot” and “Gyu! Gyu! Shabu Shabu”.